A raised pet bed assembly consisting generally of a main frame having an upper loop and a lower loop connected at a riser sleeve which may include a spring or hinge to allow the upper loop to gently bounce. A soft fabric sling lays into the top loop of the frame and is connected to the frame using loops or other connectors. Loops within the sling could be slid into the frame members of the top loop. A padded insert can be placed into the sling portion for use on cooler days or for additional comfort. These parts can easily be removed for cleaning and would be washable in a commercial clothes washer. A canopy can be placed on wire supports above the fabric sling, and a cover can provide an enclosure within the frame.